Price Expectations in Goods and Financial Markets: New Developments in Theory and Empirical Research

ISBN-13: 9781840643220 / Angielski / Twarda / 2000 / 320 str.

Opis

Analyzing price expectations is a difficult task since prices themselves are highly volatile in most markets and expectational behaviours are heterogeneous and unstable. Formulating ideas about price movements can result in instability in the market for goods and financial services. In order to appreciate the degree of generality of expectational behaviour, the contributors analyze price expectations in a variety of markets, periods and countries. Great attention is paid to financial markets which have represented the main field of analysis of expectations over the last ten years.